ANAHEIM, CA, Sept. 28, 2012 – Marcus &
Millichap/Institutional Property Advisors (IPA), a multifamily brokerage firm
serving the needs of institutional and major private investors, has the
exclusive listing to market Madison Park
(top left photo), an irreplaceable 768-unit apartment community located in
Anaheim. The property is for sale on an open-bid basis.
Greg Harris (lower right photo), an executive vice
president investments, and Kevin Green
and Joe Grabiec, both directors of
Marcus & Millichap/IPA, are representing the seller, Palo Alto-based
Pacific Urban Residential.
Greg Harris |
“Madison Park services an under-supplied segment of the
submarket for luxury living at an affordable price,” says Harris. “With its
unrivaled amenities package and modern interior aesthetic, the community has a
tremendous competitive advantage in a rental market that is incredibly
tight. We expect investors to view this
offering as a very rare opportunity to acquire instant scale in one of the
country’s strongest apartment markets,” adds Harris.
For a complete copy
of the company’s news release, please contact:
Stacey Corso
Public Relations Manager
(925) 953-1716
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